| Slot: |
1882 Brown Back $5 National Bank Note |
| Item: |
$5 1882 Brown Back National Bank Notes |
| Grade: |
PMG 63 |
| Cert #: |
5012387-005
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Owner Comments
Beautiful replacement to a low grade Brown Back for this elusive Michigan bank. Absolutely lovely!
The Second National Bank of Saginaw was organized with a 20-year charter in 1871, which was extended in 1891 and again in 1911. The first officers were Roswell G. Horr, cashier, and C.K. Robinson, president. On March 12, 1872, the bank acquired the business owned by the president, C.K. Robinson & Co. The capital was $200,000. The institution was located downtown next to the Bliss Block (Masonic Hall Building), where it remained for 24 years. From all accounts the bank was managed conservatively, and reports showed excellent profitability.
On January 1, 1893, the bank absorbed the Home National Bank of Saginaw, which traced its origin to the former Merchants National Bank and, before that, the private bank of W.L.P. Little & Co. established in November 1855. The Second National moved its office to the former Home National premises. By 1911 the capital was $500,000. On November 1, 1922, the Second National Bank took over the Commercial National Bank of Saginaw. At the time the Second National Bank had a capital of $1,000,000. Arthur D. Eddy was cashier, and George B. Morely was president. On January 29, 1929, its name was changed to the Second National Bank & Trust Company.
It seems that a large part of the history of banking in Saginaw could be placed in a comprehensive history of the Second National Bank and its acquisitions.
PMG graded 208 notes (as of 6/1/2019) for this Fr. # with 18 grading higher than this nice brown back.
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| Slot: |
1882 Date Back $5 National Bank Note |
| Item: |
$5 1882 Date Back National Bank Notes |
| Grade: |
PMG XF 40 EPQ |
| Cert #: |
5012813-006
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Owner Comments
WI 2 digit serial number given the STAR designation by PMG. This is an absolutely beautiful piece with the sparkle and flash of a note which was printed this morning. It is utterly original, problem free, and hugely embossed, and is uncirculated save for the presence of three light bends which affect nothing and can only be observed upon close visual inspection. It has also, quite deservedly, earned PMG's "*" designation for exceptional eye appeal. PMG's census reports 45 Fr-533 notes (as of 6/1/2019) with 8 notes having a higher grade.
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| Slot: |
1882 Value Back $5 National Bank Note |
| Item: |
$5 1882 Value Back National Bank Notes |
| Grade: |
PMG XF 45 |
| Cert #: |
1818451-002
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Owner Comments
A much tougher type as there are only two dozen $5 Value Backs known on the entire state. This piece shows huge margins on all sides. Blazing blue inks and an impressive title layout only serve to augment the visual appeal of this piece. Excellent and relatively rare value back from the great state of Indiana. Picked up at LK auction in June 2019. Nice colors, well-centered, and superior embossing. Sent to PMG 5/2021 for re-holder and was upgraded to EPQ! There is justice in the world.
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| Slot: |
1882 Brown Back $10 National Bank Note |
| Item: |
$10 1882 Brown Back National Bank Notes |
| Grade: |
PMG VF 25 |
| Cert #: |
5014213-008
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Owner Comments
Auburn, NY - $10 1882 Brown Back Fr. 482 The National Bank of Auburn Ch. # 1350 PMG Very Fine 25.
A scarcer type and denomination from this Cayuga County bank that is one of just two $10 Brown Backs reported and easily the finer of the pair. It was last on the market in our 2005 FUN auction where it was acquired by our consignor. Also, we mentioned then that the note traced its provenance to the 1957 FUN auction held by Federal Coin Exchange of Cleveland, Ohio. It's an attractive pen-signed example which is also notable for its lack of a tombstone, providing a most unusual title layout which is rarely found on $10 Brown Backs.
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| Slot: |
1882 Date Back $10 National Bank Note |
| Item: |
$10 1882 Date Back National Bank Notes |
| Grade: |
PMG VF 35 |
| Cert #: |
8067685-002
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Owner Comments
Forty examples listed in the National Bank Note census for this large-only New York City bank. Certainly not scarce but much more challenging to obtain by New York City standards. The bank obtained its charter in 1881 and took its name from recently assassinated President Garfield. Listed in the census as VF/XF and we wholeheartedly agree. Bright paper surfaces, vivid blue inks, and boldly contrasted printing give this Second Charter beauty the type of aesthetic charm that we wish for all of our VF notes. We sold a nice VF for over $1,000 in our 2012 PCDA sale
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| Slot: |
1882 Value Back $10 National Bank Note |
| Item: |
$10 1882 Value Back National Bank Notes |
| Grade: |
PMG VF 25 |
| Cert #: |
8072419-010
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Owner Comments
The only $10 Value Back reported for this bank. When i received this note, you could smell the tobacco. It was a very strong smell. Thus the yellow color of this note!
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| Slot: |
1882 Brown Back $20 National Bank Note |
| Item: |
$20 1882 Brown Back National Bank Notes |
| Grade: |
PMG VF 25 |
| Cert #: |
5012752-001
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Owner Comments
Not only is this a nice $20 Brown Back for the price, it is also one of my "Collectible Banks" Ch #2491 of Los Angeles where I have all the denominations for the 1902 Blue Seal set.
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| Slot: |
1882 Date Back $20 National Bank Note |
| Item: |
$20 1882 Date Back National Bank Notes |
| Grade: |
PMG 63 EPQ |
| Cert #: |
5011457-010
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Owner Comments
I prefer collecting Federal notes however, there are so many beautiful and rare NBN's that I have to do a little side collecting. PMG's census lists 65 Fr. 552. 10 have been graded the same as this note and SIX notes have been graded higher. There are several notes that were preserved right in the range on this serial number. There is a 58PPQ for sale now on Ebay for $1945. I picked this off Heritage for $1703.75 for almost 3000 points. I like that point ratio and the gorgeous note that will grace my name! I thought a few 60 or above rated NBN's are good value investing now.
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| Slot: |
1882 Value Back $20 National Bank Note |
| Item: |
$20 1882 Value Back National Bank Notes |
| Grade: |
PMG VF 25 |
| Cert #: |
5013768-020
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Owner Comments
An attractive mid-grade example of a better type and denomination from this Madison County bank and a note that is making its first public appearance since a 2003 auction. Nice color and even wear are the attributes of this $20 Value Back. From the RFK Collection
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| Slot: |
1882 Brown Back $50 National Bank Note |
| Item: |
$50 1882 Brown Back National Bank Notes |
| Grade: |
PMG VF 30 |
| Cert #: |
5014911-011
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Owner Comments
Columbus, OH - $50 1882 Brown Back Fr. 515 The New First National Bank Ch. # (M)4443 PMG Very Fine 30.
A captivating face design as adapted from the earlier $50 Original Series notes. Washington Crossing the Delaware is at the left as engraved by Alfred Jones. Louis Delnoce engraved the right end allegorical scene Prayer for Victory. The bank issued large size notes only, but under three different titles. There are currently 33 reported $50 Brown Backs known from the entire state. This second title $50 is a rarity with only three listed on Track & Price. It is the finest known and was acquired by Mike uncertified from Lyn Knight's June 2012 sale. It is beautifully margined all around on both sides. Sharp colors and strong printing have a three-dimensional effect. Noted with "Minor Restoration" by PMG that is not readily visible. These $50 Brown Backs are not easy to find in such an attractive grade. This is a gorgeous rarity.
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| Slot: |
1882 Date Back $50 National Bank Note |
| Item: |
$50 1882 Date Back National Bank Notes |
| Grade: |
PMG VF 30 EPQ |
| Cert #: |
1600012-001
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Owner Comments
A nice example of this scarce and still undervalued type that was last on the market in a 2003 auction. It is one of about a half dozen 1882 $50 Date Backs reported from this Ohio bank, most of which have some degree of circulation. This is a bright and original piece with great color and bold purple stamped signatures. According to the National Currency Foundation census, there are only 221 examples of this type and denomination reported for the entire country.
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| Slot: |
1882 Brown Back $100 National Bank Note |
| Item: |
$100 1882 Brown Back National Bank Notes |
| Grade: |
PMG XF 40 |
| Cert #: |
1991074-001
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Owner Comments
There are 8 $100 BB reported from this prolific bank. There was a total amount issued of $12,412,400. The bank was organized Apr 16, 1887 and chartered Apr 28, 1887 and remained open past 1935. Signatures of W. P. Sinnett and Geo. H. Earle, Jr. are evident. The design of the one hundred dollar note shows Oliver H. Perry on his ship "Lawrence" during the battle of Lake Erie. The right shows a woman who is supposed to represent liberty. The words “maintain it” are written below her. Perhaps in a reminder response to the threat to the Union by the Confederate hooligans. I have a $100 note from the Third Charter, a gorgeous Date Back as well. Click next note in the set and you can see it.
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